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Nortech Systems, Inc. (Nortech) is a provider of electronics manufacturing services. The company offers technology, manufacturing, and lifecycle management solutions. It provides complex electromedical and electromechanical products, higher-level assemblies, medical devices, wire and cable assemblies, printed circuit board assemblies and box builds. The company offers solutions such as global manufacturing, lifecycle management, supply chain management, machine vision and optical technologies, rapid prototyping, product lifecycle solutions and repair and others. It serves medical devices, industrial and commercial equipment, and aerospace and defense industries. The company has operations across Mexico, the US and China. Nortech is headquartered in Maple Grove, Minnesota, the US.
Headquarters
United States of America
Address
Suite 150, 7550 Meridian Circle North, Maple Grove, Minnesota, 55369
Website
www.nortechsys.com
Telephone
1 952 3452244
No of Employees
685
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
NSYS (NASD)
Revenue (2024)
$118.4M
-7.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
80.5%
(2024 vs 2023)
Market Cap*
$38.3M
Net Profit Margin (2024)
XYZ
79.2%
(2024 vs 2023)
* As of and is in US$
Nortech Systems, Inc. premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Complex Electromedical and Electromechanical Products | Solutions: | Active Optical Xtreme |
| Medical Devices | Lifecycle Management | Expanded Beam Xtreme |
| Wire and Cable Assemblies | Product Testing | Flex Faraday Xtreme |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
Competitor Comparison
| Key Parameters | Nortech Systems, Inc. | Plexus Corp | Kimball Electronics Inc | Ducommun Inc | Key Tronic Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Maple Grove | Neenah | Jasper | Costa Mesa | Spokane |
| State/Province | Minnesota | Wisconsin | Indiana | California | Washington |
| No. of Employees | 685 | 20,000 | 5,700 | 2,130 | 3,539 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David B. Kunin | Chairman | Executive Board | 2015 | 66 |
| Jay D. Miller | Chief Executive Officer; Director; President | Executive Board | 2019 | 66 |
| Andrew D. C. LaFrence | Chief Financial Officer; Senior Vice President - Finance | Senior Management | 2023 | 63 |
| Monica Hamling | Senior Vice President - People Operations and Culture | Senior Management | 2021 | - |
| Corey Hancock | Senior Vice President - Sales and Business Development | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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